Six ways to make the most of interest rate cuts

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Time to lock in money or wait some more?

Dec 12, 2012, 12.12 PM IST

SBI slashed its base rate and benchmark prime lending rate last week. The move is expected to benefit its existing as well as new customers; and other banks are likely follow suit. Sure, that could be a clear indication to borrowers that the rates may soon or gradually come down, but what about investors? Has the time come to lock in money at the current higher rates, or should one wait for a while for a clearer trend?